Foley & Lardner LLP represented Prime TSR, a leading modernization and cloud solutions consulting company, in its sale to ConvergeOne, Inc., a customer-centric, services-led technology solution provider of cloud, collaboration, and digital infrastructure solutions.
The acquisition will allow ConvergeOne to offer greater value to their customers through a nationwide market presence, a strategically growing portfolio of capabilities, and a shared vision for connecting people with purpose. Together, ConvergeOne and Prime TSR will now be able to create innovative solutions for large and medium enterprises that shape the future of cloud, collaboration and digital infrastructure technology.
Headquartered in Chicago, Illinois, Prime TSR serves as catalysts for digital transformation, partnering with Fortune 1000 companies in the health care, insurance, and professional services markets to usher in agility, speed, and confidence. The boutique consultancy specializes in designing and implementing cloud-focused software and data platforms to enable digital transformation for their customers, moving organizations forward one legacy workload at a time. Over the past year, Prime TSR has earned five Amazon Web Services (AWS) Competencies, including DevOps Competency, Migration Competency, Solution Provider, AWS Lambda, and Amazon EC2 for Microsoft Windows Server.
The Foley deal team was led by Partner Chris Rasmussen, with significant contributions from Partners Steve Good, Belinda Morgan, and Jim Nicholas, and Associates Anna Choi and Sohail Khan.
Drake Star Partners served as the exclusive financial advisor to Prime TSR in connection with its sale.
About Foley & Lardner LLP
Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With approximately 1,100 lawyers in 25 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
